Patriot Battery Total Debt vs. Target Price
| PMT Stock | 0.25 0.01 3.85% |
For Patriot Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Patriot Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Patriot Battery Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Patriot Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Patriot Battery Metals over time as well as its relative position and ranking within its peers.
Patriot |
Patriot Battery Metals Target Price vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Patriot Battery's current stock value. Our valuation model uses many indicators to compare Patriot Battery value to that of its competitors to determine the firm's financial worth. Patriot Battery Metals is rated top company in total debt category among its peers. It also is considered to be number one stock in target price category among its peers . The ratio of Total Debt to Target Price for Patriot Battery Metals is about 436,185 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Patriot Battery's earnings, one of the primary drivers of an investment's value.Patriot Total Debt vs. Competition
Patriot Battery Metals is rated top company in total debt category among its peers. Total debt of Materials industry is at this time estimated at about 1.29 Billion. Patriot Battery adds roughly 365,000 in total debt claiming only tiny portion of all equities under Materials industry.
Patriot Target Price vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Patriot Battery |
| = | 365 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Patriot Battery | = | 0.84 |
Patriot Target Price Comparison
Patriot Battery is currently under evaluation in target price category among its peers.
Patriot Battery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Patriot Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Patriot Battery will eventually generate negative long term returns. The profitability progress is the general direction of Patriot Battery's change in net profit over the period of time. It can combine multiple indicators of Patriot Battery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 15.7 M | 16.5 M | |
| Operating Income | -19.8 M | -18.8 M | |
| Income Before Tax | 12.6 M | 13.2 M | |
| Total Other Income Expense Net | 32.4 M | 34 M | |
| Net Income | 2.6 M | 2.7 M | |
| Income Tax Expense | 10 M | 10.5 M | |
| Interest Income | 19.8 K | 19.9 K | |
| Net Loss | -9.1 M | -8.6 M |
Patriot Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Patriot Battery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Patriot Battery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Patriot Battery's important profitability drivers and their relationship over time.
Use Patriot Battery in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Patriot Battery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Patriot Battery will appreciate offsetting losses from the drop in the long position's value.Patriot Battery Pair Trading
Patriot Battery Metals Pair Trading Analysis
The ability to find closely correlated positions to Patriot Battery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patriot Battery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Patriot Battery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Patriot Battery Metals to buy it.
The correlation of Patriot Battery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Patriot Battery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patriot Battery Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Patriot Battery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Patriot Battery position
In addition to having Patriot Battery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.
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Additional Tools for Patriot Stock Analysis
When running Patriot Battery's price analysis, check to measure Patriot Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patriot Battery is operating at the current time. Most of Patriot Battery's value examination focuses on studying past and present price action to predict the probability of Patriot Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patriot Battery's price. Additionally, you may evaluate how the addition of Patriot Battery to your portfolios can decrease your overall portfolio volatility.